Home › UPDATE 2-Rackspace raises buyback to up to $1 bln, shares jump
 

Keywords :   


UPDATE 2-Rackspace raises buyback to up to $1 bln, shares jump

2015-08-11 23:29:34| Telecom - Topix.net

Web hosting company Rackspace Hosting Inc reported an 11 percent rise in quarterly revenue and raised its share buyback program to up to $1 billion, sending its shares up 5.2 percent in extended trading on Monday. The company said the buyback is in addition to the $200 million it had already bought back.

Tags: jump update shares raises

Category:Telecommunications

Latest from this category

All news
»
20.09Labelexpo Americas highlights, Maxcess announces acquisition and more
20.09September Cattle on Feed as expected
20.09USDA announces major investment in meat and poultry processing
20.09Atlantic Tropical Weather Outlook
20.09Eastern North Pacific Tropical Weather Outlook
20.09This weeks lesson: Weaning matters in the cattle market
20.09Construction giant collapses putting 2,400 jobs at risk
20.09KANSAI HELIOS Further Expands as System Supplier in Italy
More »